1.Brazil
Brazil is known as the “fraud capital of the world.” There are many scams in Brazil, such as romance scams, loan scams, fake Brazilian gold bars, and all the stories used to trick people into spending money.
2.Pakistan
A common scam in Pakistan involves scammers impersonating military personnel to defraud civilians.
In Pakistan, as informal online businesses grow, so do scams. In 2020, more than 100,000 people in Pakistan's Khyber Pakhtunkhwa province were defrauded out of 5.6 billion rupees ($19 million) by a Peshawar-based online investment company that promised high profits but then disappeared. Without a trace.
3. South Africa
Scammers in South Africa love to attack the financial system; the most famous scams are bank-related scams. Phishing, browsing fake websites and receiving fraudulent SMS alerts for bank withdrawals or payments are very common in South Africa.
Bank-related fraud hurt South Africans the most in 2015, according to the University of Johannesburg’s Center for Cyber Security.
Romania, despite being a European country, is known for its high number of scammers. Scammers deceive people through online dating, phishing, and buying fake and shoddy products.
Taking stock of the 10 countries with the highest number of online scams in the world
5. Venezuela
Scams have been rampant since the country's economy collapsed, with the dollar's market value reaching seven times the government's dollar rate. Online dating scams and counterfeit government bonds are also popular in Venezuela.
6. Indonesia
Indonesia has a high rate of scams, not only among its citizens but also among people around the world. Since 2000, the number of bank customers defrauded by criminal gangs using data collection equipment illegally installed on bank ATMs has increased dramatically.
7.Nigeria
Scammers target people looking for love on online dating sites, apps or social media and use emotional manipulation to get their money. There are many popular scam methods in Nigeria, such as tricking people into believing there is a large amount of money in the banking system or inheritance and asking them to send their bank details in order to access the funds.
8. India
Scams and fraudsters have increased in India in recent years. Phishing, password fraud, convincing victims to download screen monitoring apps, and creating fake UPI links and QR codes are all on the rise.
According to the Indian Ministry of Finance, between March 2018 and December 2021, more than 250,000 online fraud incidents occurred in India, involving a total amount of US$96 million. To date, only $7.8 million has been recovered.
9.China
There are also many popular fraud methods in China. For example, in education, parents are deceived into paying so that their children can enter college even if their grades are not good. They also used a Trojan virus to collect passwords by infecting couples' phones by sending a message that said "Click here to see your husband's mistress."
